Banking & Insurance
GSIS extends aid to quake-hit Cebu members
The Government Service Insurance System (GSIS) announced its readiness to assist members and pensioners in Bogo and other quake-hit areas in Cebu, following the recent magnitude 6.9 earthquake that caused structural damage and disrupted daily life.
Oona introduces dual health plans for Filipino families and expats
Fast-growing insurer Oona Insurance unveiled two flagship health products on October 1 aimed at providing Filipinos with tailor-fit protection both at home and abroad.
PNB, PANELCO III seal retirement fund deal
The Philippine National Bank (PSE: PNB), through its Trust Banking Group, has partnered with Pangasinan III Electric Cooperative (PANELCO III) to establish a retirement program for the cooperative’s 346 employees.
BSP sees low September inflation
The Bangko Sentral ng Pilipinas (BSP) expects inflation in September to range between 1.5 percent and 2.3 percent, with price pressures from more expensive rice, fish, and domestic fuel likely to be partly offset by declines in vegetable and meat prices and lower electricity rates.
PH as net debtor vs net investor status widens in 1Q 2025
The country's net external liabilities increased by 5.4 percent in the first quarter of 2025, reaching ₱3.7 trillion from ₱3.5 trillion in the previous quarter, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP) under the balance sheet approach (BSA).
